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Citi and Coinbase have announced a partnership aimed at expanding digital asset payment processing within the financial services sector. This collaboration seeks to enhance the ability of businesses to accept digital currencies and enable seamless transactions. As traditional financial institutions embrace blockchain technology, this partnership reflects a growing trend of integrating digital assets into existing payment systems. As part of this effort, both companies aim to address security concerns, ensure compliance with regulatory standards, and provide a user-friendly experience for businesses. Their joint initiative represents a significant step towards the widespread adoption of digital currencies in mainstream finance, catering to an increasing demand from consumers and businesses for more innovative payment solutions.

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